$3,640,000

Lamb & Tropical

North Las Vegas NV, 89115

Description

This infill parcel has recently been approved for R-3 multi-family zoning allowing up to 25 units per acre (207 units). This unique opportunity is in very close proximity to major quality employment centers / developments including Amazon, Fanatics, Cap Rock, Prologis, Vantrust, Apex Industrial, LV Speedway & Nellis AFB. The site has direct access to both I-15 (.55 miles south @ Lamb) and 2-15 (1.37 miles north @ Lamb) making travel to downtown, the Strip, Airport and Summerlin area very convenient. The nearest existing multi-family product is 1.3 miles to the west and 1.8 miles south of this site. There is major need for this product with all of the quality employment nearby and very limited multi-family to serve. Attached concept site plan used to obtain zoning consists of four 3 story buildings with 207 total units (120 - 2 Bdr & 87 -1 bdr). Detailed due diligence package available upon request. Asking $20,000 per door.

Details

MLS#2242924
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site168

Features

ZoningMulti-Family,Other
Acreage8.28
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Area Information
StateNV
CountyClark County
CityNorth Las Vegas
Zip Code89115
Area103 - North
Listing VS Median (in 89115)
Price:
$3,640,000
low | high
Med:
$248,900
100% of Average
On Site:
168
low | high
Med:
254
66.141732283465% of Average
Sourced by Back At You
Listing Updated: April 14, 2021 2:18:12 PM PDT
Russell A Jacoby LogoMLS Number: 2242924
Listing Provided By:
Russell A Jacoby  of  Mosaic Commercial Advisors LLC

The data relating to real estate for sale on this web site comes from the Las Vegas REALTORS® MLS.
Information deemed reliable but not guaranteed.
COPYRIGHT 2021 OF LAS VEGAS REALTORS® MLS. ALL RIGHTS RESERVED.